mortgage boom as jpmorgan and wells fargo, pandit observing continued growth in latin america, namely mexico. asia though slowing remains active. >>> to the economy now. u.s. retail sales getting a boost last month thanks to auto sales and higher gas prices. sales overall up 1.1% and that topped estimates. this comes on the back of a new report saying that sales growth in the global luxury market will slow down this year. courtney reagan is on the retail beat. courtney? >> consumer spending is 70% of u.s. gdp and the luxury good segment is projected to continue to grow, albeit at a lower space. it is the third straight double digit increase for luxury goods though the rate of growth has slowed for that time period. accessories are winning increased consumer attention around the world and for the first time leather goods and shoes hold the largest percentage of the luxury market. one of the companies benefiting lbmh reporting record revenues for the first nine months of 2012. the wolrld's leading luxury company remains confident in its outlook. while europe is still the region drawing the hig